CandleFocus

Dogecoin (DOGE) Rockets 48% in October, But Beware, Warns Top Influencer

Dogecoin (DOGE) has experienced another surge in price, rising nearly 25% in the past 48 hours. If this trend continues, it could be the third consecutive week of gains for DOGE. The cryptocurrency has gained 48.67% since October 1st, making it the best month of performance in the last six months. There are projections that DOGE could reach $1 per coin and beyond, leading to renewed excitement. Despite this optimism, a prominent DOGE spokesperson has issued a warning about the volatility and unpredictability of cryptocurrency trading, urging investors to be aware of the risks. They advised against using leverage, derivatives trading, and high-yield programs, emphasizing a balanced approach to managing meme coin holdings.

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